It may seem like conflicting information, but while unemployment is reaching all-time highs in many economies around the world, companies are still struggling to fill open positions.
So, where’s the disconnect?
The issue isn't necessarily the availability of job seekers, rather it’s the availability of skills that is becoming a challenge. Many businesses leaders are having a difficult time finding talent with the right mix of skills and expertise they need to maintain productivity and drive innovation. And when skilled workers are at a premium, competition between companies can be intense. Fortunately, there are steps you can take to safeguard your top talent. Check out the infographic below for some insight into the widening skills gap and how many companies are turning to employee development to help bridge it.